Charitable Foundation Of The Burns Family Inc
- Assets
- $2.2m
- Revenue
- $230.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1964
- Data as of
- 11/2023
- EIN
- 13-6114052
Organization Overview
Charitable Foundation Of The Burns Family Inc is located in New York, NY. The organization was established in 1964. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charitable Foundation Of The Burns Family Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Charitable Foundation Of The Burns Family Inc generated $230.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $301.2k during the year ending 11/2023. While expenses have increased by 10.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charitable Foundation Of The Burns Family Inc has awarded 181 individual grants totaling $678,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Bruce Burns Vice-President/director | 4 | $7,000 | |
John B Goldsborough President/director | 4 | $7,000 | |
Laura Finneran Secretary/director | 4 | $7,000 | |
Brandon S Goldsborough Director | 4 | $7,000 | |
Sharon Burns-Carter Director | 4 | $7,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $276 |
| Dividends & Interest | $106,325 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,050 |
| Capital Gain Net Income | $124,050 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $230,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,914 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,171 |
| Printing and publications | $170 |
| Other expenses | $5,904 |
| Total operating and administrative expenses | $101,214 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $301,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,430 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,178,694 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Charitable Foundation Of The Burns Family Inc has awarded $200,000 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
ALINA LODGELITTLE HILL FOUNDATION PURPOSE: SUPPORT FOR RECOVERY PROGRAMS | $4,000 |
ANNUNCIATION CHURCH PURPOSE: SUPPORT PROGRAMS FOR RELIGIOUS ACTIVITIES | $3,000 |
ARCHBISHOP STEPINAC HIGH SCHOOL PURPOSE: SUPPORT FOR SCHOLARSHIP PROGRAMS | $1,000 |
ANNUNCIATION CRESTWOOD FOUNDATION PURPOSE: SUPPORT PROGRAMS FOR EDUCATION | $2,000 |
BIDEAWEE PURPOSE: SUPPORT PROGRAMS FOR PET ADOPTIONS | $1,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: SUPPORT FOR SPAY AND NEUTER PROGRAM | $1,000 |